MAURIWA: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
MAURIWA
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€872,643
2024 · €887,272-€14,629
Equity
€5.0m
2024 · €4.2m+€872,643
Cash
€364,395
2024 · €369,622-€5,227
Balance sheet total
€13.4m
2024 · €13.7m-€343,541
Largest movements
Assets
- Tangible fixed assets -€645,917
down €645,917 (-5.0%), from €12.9m to €12.2m
of which Land and buildings: -€2.0m
- Receivables within one year +€301,384
up €301,384 (+62.4%), from €483,338 to €784,722
of which Trade receivables: +€272,971
Equity and liabilities
- Debts after one year -€1.1m
down €1.1m (-16.2%), from €6.8m to €5.7m
of which Financial debts: -€815,200
- Profit (loss) carried forward +€949,498
up €949,498 (+55.4%), from -€1.7m to -€764,560
- Other debts +€645,082
up €645,082 (+75.2%), from €858,324 to €1.5m
- Accrued charges and deferred income -€577,737
down €577,737 (-88.2%), from €655,309 to €77,572
- Current portion of long-term debt -€333,790
down €333,790 (-29.1%), from €1.1m to €815,200
Income statement
- Gross operating margin -€2.0m
no longer reported in 2025 (was €2.0m)
- Turnover +€1.6m
new in 2025: €1.6m
- Other operating income +€826,186
new in 2025: €826,186
- Services and other goods +€406,364
new in 2025: €406,364
- Financial charges -€64,767
down €64,767 (-18.1%), from €357,249 to €292,482
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
€887,272
Turnover
+€1.6m
Other operating income
+€826,186
Services and other goods
-€406,364
Depreciation
-€17,607
Write-downs
+€7,160
Other operating charges
-€353
Other operating items
-€2.0m
Financial income
-€1,716
Financial charges
+€64,767
Deferred taxes and other
-€93,793
Result 2025
€872,643
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€1.6m
Investment
-€165,622
Financing
-€1.4m
Cash 2024
€369,622
From operations (derived)
+€1.6m
Net result for the year
+€872,643
Depreciation
+€811,550
Receivables within one year
-€301,384
Deferred charges and accrued income
-€6,230
Provisions
-€25,618
Trade debts
+€119,379
Tax, wage and social debts
+€57,724
Other debts
+€645,082
Accrued charges and deferred income
-€577,737
Investment (derived)
-€165,622
Investment in fixed assets (net)
-€165,633
Current investments
+€11
Financing
-€1.4m
Debts after one year
-€1.1m
Current portion of long-term debt
-€333,790
Cash 2025
€364,395
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,746,876 | €13,403,335 | -€343,541 | -2.5% |
| Fixed assets | 21/28 | €12,865,268 | €12,219,351 | -€645,917 | -5.0% |
| Tangible fixed assets | 22/27 | €12,865,268 | €12,219,351 | -€645,917 | -5.0% |
| Land and buildings | 22 | €12,621,005 | €10,645,526 | -€2.0m | -15.7% |
| Furniture and vehicles | 24 | €6,346 | €4,604 | -€1,742 | -27.5% |
| Other tangible fixed assets | 26 | €237,917 | €1,569,221 | +€1.3m | +560% |
| Current assets | 29/58 | €881,608 | €1,183,984 | +€302,376 | +34.3% |
| Amounts receivable within one year | 40/41 | €483,338 | €784,722 | +€301,384 | +62.4% |
| Trade receivables | 40 | €171,478 | €444,449 | +€272,971 | +159% |
| Other amounts receivable | 41 | €311,860 | €340,273 | +€28,413 | +9.1% |
| Current investments | 50/53 | €11 | - | -€11 | |
| Cash at bank and in hand | 54/58 | €369,622 | €364,395 | -€5,227 | -1.4% |
| Deferred charges and accrued income | 490/1 | €28,637 | €34,867 | +€6,230 | +21.8% |
| Total equity and liabilities | 10/49 | €13,746,876 | €13,403,335 | -€343,541 | -2.5% |
| Equity | 10/15 | €4,167,357 | €5,040,000 | +€872,643 | +20.9% |
| Contributions | 10/11 | €5,600,000 | €5,600,000 | = | 0.0% |
| Capital | 10 | €5,600,000 | €5,600,000 | = | 0.0% |
| Issued capital | 100 | €8,600,000 | €8,600,000 | = | 0.0% |
| Uncalled capital | 101 | €3,000,000 | €3,000,000 | = | 0.0% |
| Reserves | 13 | €281,415 | €204,560 | -€76,855 | -27.3% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €251,415 | €174,560 | -€76,855 | -30.6% |
| Profit (loss) carried forward | 14 | -€1,714,058 | -€764,560 | +€949,498 | +55.4% |
| Provisions and deferred taxes | 16 | €83,805 | €58,187 | -€25,618 | -30.6% |
| Deferred taxes | 168 | €83,805 | €58,187 | -€25,618 | -30.6% |
| Amounts payable | 17/49 | €9,495,714 | €8,305,148 | -€1.2m | -12.5% |
| Amounts payable after more than one year | 17 | €6,803,120 | €5,701,896 | -€1.1m | -16.2% |
| Financial debts | 170/4 | €6,517,096 | €5,701,896 | -€815,200 | -12.5% |
| Credit institutions | 173 | - | €5,701,896 | +€5.7m | |
| Other amounts payable | 178/9 | €286,024 | - | -€286,024 | |
| Amounts payable within one year | 42/48 | €2,037,285 | €2,525,680 | +€488,395 | +24.0% |
| Current portion of amounts payable after more than one year | 42 | €1,148,990 | €815,200 | -€333,790 | -29.1% |
| Trade debts | 44 | €15,363 | €134,742 | +€119,379 | +777% |
| Suppliers | 440/4 | €15,363 | €134,742 | +€119,379 | +777% |
| Taxes, remuneration and social security | 45 | €14,608 | €72,332 | +€57,724 | +395% |
| Taxes | 450/3 | €14,608 | €72,332 | +€57,724 | +395% |
| Other amounts payable | 47/48 | €858,324 | €1,503,406 | +€645,082 | +75.2% |
| Accrued charges and deferred income | 492/3 | €655,309 | €77,572 | -€577,737 | -88.2% |
| Operating income | 70/76A | - | €2,457,876 | +€2.5m | |
| Turnover | 70 | - | €1,631,690 | +€1.6m | |
| Other operating income | 74 | - | €826,186 | +€826,186 | |
| Operating charges | 60/66A | - | €1,324,800 | +€1.3m | |
| Services and other goods | 61 | - | €406,364 | +€406,364 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €793,943 | €811,550 | +€17,607 | +2.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,160 | - | -€7,160 | |
| Other operating charges | 640/8 | €106,533 | €106,886 | +€353 | +0.3% |
| Gross operating margin | 9900 | €2,024,599 | - | -€2.0m | |
| Operating profit (loss) | 9901 | €1,116,963 | €1,133,076 | +€16,113 | +1.4% |
| Financial income | 75/76B | €8,147 | €6,431 | -€1,716 | -21.1% |
| Recurring financial income | 75 | €8,147 | €6,431 | -€1,716 | -21.1% |
| Income from current assets | 751 | - | €6,431 | +€6,431 | |
| Financial charges | 65/66B | €357,249 | €292,482 | -€64,767 | -18.1% |
| Recurring financial charges | 65 | €357,249 | €292,482 | -€64,767 | -18.1% |
| Debt charges | 650 | - | €291,787 | +€291,787 | |
| Other financial charges | 652/9 | - | €695 | +€695 | |
| Profit (loss) for the period before taxes | 9903 | €767,861 | €847,025 | +€79,164 | +10.3% |
| Transfer from deferred taxes | 780 | €119,411 | €25,618 | -€93,793 | -78.5% |
| Profit (loss) for the period | 9904 | €887,272 | €872,643 | -€14,629 | -1.6% |
| Transfer from tax-exempt reserves | 789 | €358,235 | €76,855 | -€281,380 | -78.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,245,507 | €949,498 | -€296,009 | -23.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.